-Sensex and Nifty closed flat in a highly volatile session
-Investor sentiments were influenced by china’s economic health and concerns of US interest rates as well
-The mid cap index rallied to a fresh record due to positive domestic prospects
-Sensex rose 4 points and ended at 65,220
-Nifty rose 3 points to end at 19,396
Gainers and losers
NTPC, M&M, Wipro, L&T, Axis Bank and Tata Steel closed higher, whereas Jio Financial Services, Bajaj Finserv, SBI, ICICI Bank, and TCS closed in the red.
Stocks in news
Shares of Jio Financial Services dragged both indices. The stock also ended in 5% lower circuit for the second straight day. BHEL shares ended over 10% higher after winning Rs 4,000 crore order from a wholly-owned subsidiary of Adani Power Limited.
Sector-wise performance
Nifty Midcap100 jumped 1.10%, and Smallcap100 advanced 0.81%. On the sectoral front, Nifty Auto surged 0.52%, and Nifty FMCG rose 0.66%. Whereas, Pharma, PSU Bank, and IT sectors ended in the red.
Oil prices and Rupee
Brent crude was down 32 cents at $84.14 a barrel, while US WTI crude slipped 24 cents to $79.88 a barrel. The Indian rupee strengthened 0.21% versus the US dollar, and quoted at 82.94 per dollar due to weakness in dollar index